Vijay Solvex Ltd
Incorporated in 1987, Vijay Solvex Ltd is a manufacturer of Edible Oil and vanaspati ghee and also deals in ceramics products and wind power[1]
- Market Cap ₹ 202 Cr.
- Current Price ₹ 632
- High / Low ₹ 940 / 301
- Stock P/E 10.5
- Book Value ₹ 1,101
- Dividend Yield 0.00 %
- ROCE 8.58 %
- ROE 5.56 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.57 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 2.71% over past five years.
- Company has a low return on equity of 4.05% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 768 | 662 | 685 | 879 | 1,226 | 1,448 | 2,070 | 2,716 | 2,430 | 1,829 | 1,831 | 2,366 | |
| 755 | 648 | 669 | 859 | 1,200 | 1,412 | 1,991 | 2,644 | 2,409 | 1,825 | 1,804 | 2,333 | |
| Operating Profit | 13 | 14 | 16 | 20 | 26 | 36 | 78 | 72 | 21 | 4 | 27 | 33 |
| OPM % | 2% | 2% | 2% | 2% | 2% | 2% | 4% | 3% | 1% | 0% | 1% | 1% |
| -0 | 0 | 1 | 0 | 2 | 2 | 8 | 11 | 8 | 3 | 2 | 4 | |
| Interest | 6 | 5 | 2 | 3 | 7 | 8 | -4 | 4 | 4 | 1 | 3 | 8 |
| Depreciation | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 6 | 8 | 14 | 16 | 19 | 27 | 89 | 76 | 22 | 4 | 22 | 26 |
| Tax % | 20% | 30% | 34% | 36% | 34% | 25% | 25% | 25% | 24% | 28% | 18% | 26% |
| 5 | 5 | 9 | 10 | 13 | 21 | 67 | 57 | 17 | 3 | 18 | 19 | |
| EPS in Rs | 14.49 | 16.89 | 28.20 | 32.07 | 39.78 | 64.54 | 208.49 | 179.23 | 53.11 | 9.18 | 57.55 | 60.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 3% |
| 3 Years: | -1% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | -22% |
| 3 Years: | 4% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | -19% |
| 3 Years: | -13% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 7% |
| 3 Years: | 4% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 76 | 81 | 103 | 123 | 131 | 154 | 238 | 323 | 316 | 319 | 338 | 349 |
| 60 | 64 | 61 | 97 | 80 | 85 | 116 | 148 | 38 | 9 | 33 | 65 | |
| 24 | 23 | 22 | 23 | 28 | 42 | 53 | 43 | 48 | 43 | 39 | 45 | |
| Total Liabilities | 163 | 172 | 190 | 246 | 243 | 284 | 411 | 516 | 405 | 375 | 414 | 463 |
| 15 | 15 | 16 | 16 | 18 | 20 | 22 | 24 | 22 | 35 | 38 | 49 | |
| CWIP | 10 | 10 | 10 | 10 | 10 | 11 | 10 | 10 | 15 | 10 | 11 | 1 |
| Investments | 17 | 17 | 51 | 60 | 57 | 61 | 83 | 117 | 103 | 103 | 103 | 100 |
| 121 | 130 | 114 | 160 | 158 | 192 | 296 | 366 | 264 | 227 | 262 | 313 | |
| Total Assets | 163 | 172 | 190 | 246 | 243 | 284 | 411 | 516 | 405 | 375 | 414 | 463 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44 | 4 | 23 | -38 | 53 | 46 | -22 | 41 | 71 | 31 | -22 | -61 | |
| 1 | -0 | -18 | 0 | -14 | -6 | -58 | 74 | -54 | 1 | 29 | 4 | |
| -46 | -2 | -5 | 32 | -25 | -5 | 29 | 28 | -113 | -32 | 21 | 26 | |
| Net Cash Flow | -1 | 1 | -0 | -5 | 14 | 35 | -51 | 143 | -97 | -0 | 28 | -31 |
| Free Cash Flow | 42 | 2 | 20 | -39 | 50 | 41 | -25 | 37 | 63 | 21 | -28 | -67 |
| CFO/OP | 338% | 46% | 170% | -154% | 235% | 149% | 1% | 83% | 360% | 720% | -67% | -167% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14 | 14 | 15 | 21 | 14 | 9 | 7 | 6 | 6 | 4 | 5 | 5 |
| Inventory Days | 17 | 40 | 28 | 33 | 16 | 9 | 19 | 19 | 12 | 15 | 25 | 31 |
| Days Payable | 9 | 9 | 7 | 6 | 5 | 8 | 7 | 4 | 5 | 5 | 4 | 2 |
| Cash Conversion Cycle | 22 | 45 | 36 | 49 | 25 | 10 | 19 | 21 | 14 | 14 | 25 | 33 |
| Working Capital Days | 13 | 18 | 12 | 16 | 6 | -1 | 8 | 4 | 12 | 16 | 20 | 23 |
| ROCE % | 9% | 10% | 10% | 12% | 15% | 28% | 19% | 6% | 1% | 7% | 9% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Actual Production - Insulators M.T. ・Standalone data |
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| Actual Production - Vanaspati M.T. ・Standalone data |
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| Actual Production - Vegetable Oils M.T. ・Standalone data |
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| Installed Capacity - Insulators M.T. ・Standalone data |
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| Installed Capacity - Vanaspati M.T. ・Standalone data |
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| Installed Capacity - Vegetable Oils M.T. ・Standalone data |
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| Wind Power Installed Capacity MW ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Newspaper Publications in which the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended Mach 31, 2026, have been …
- Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31, 2026 30 May
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Announcement under Regulation 30 (LODR)-Change in Management
30 May - Board approved audited FY2026 standalone and consolidated results, plus appointed cost auditor for FY2026-27.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 30.05.2026
30 May - Board approved FY26 audited standalone and consolidated results, and appointed Rajesh & Co. as cost auditor for 2026-27.
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Reminder Letters To Shareholders Holding Shares In Physical Form For Furnishing KYC Details
23 May - Vijay Solvex asks physical shareholders to update KYC details and dematerialize holdings.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2]
VSL is the flagship company of Edible Oil Division of Data Group of Companies. It does processing of crude and refined edible oil, Vanaspati Ghee and mustard oil cake from mustard seeds and sells De-oiled cake (DOC); a by-product produced through further processing of mustard oil cake. It also sells refined blended edible oils. Apart from this, company deals in Bone China Crockery, Ceramic Gift items, High tension Porcelain Insulators and Wind Power generation